Brown Packing Co. Receives $13.75M In New Markets Tax Credits For Renovation & Expansion
The Innovate Fund, a Community Development Entity (CDE) managed by taxadvantagegroup and Greenville Local Development Corporation in Greenville, S.C., has allocated $13.75 million in New Markets Tax Credits (NMTC) as part of a $20+ million renovation and expansion of Brown Packing Co., Inc., a 60-year-old meat packing plant in Gaffney, S.C. The project will involve the construction or renovation of 66,500 square feet of their 150,000-sq.-ft. facility in Gaffney. …